General advice only: The information on this site does not take into account your personal financial situation, needs or objectives. It is not financial advice. Always read the PDS and consider seeking independent financial advice before investing.
Updated March 2026 · Australia

Stake fees — complete breakdown

Stake is one of Australia's most popular brokers for US and ASX shares. Here's exactly what you'll pay — ASX brokerage, US share fees, FX conversion, withdrawals, Stake Black, and SMSF — with no surprises.

Stake
ASX & US Share Broker · ASIC regulated · CHESS sponsored
$3
ASX per trade
$0
US commission
0.5%
FX fee
$0
Inactivity
🇦🇺
ASX shares
$3
Flat fee per trade. CHESS sponsored. No minimum investment.
🇺🇸
US shares
$0
Zero commission. FX conversion at 0.5% when converting AUD → USD.
💱
FX conversion
0.5%
Applied when converting AUD to USD for US share purchases.
🏦
Withdrawal
$0
Free AUD withdrawals to your linked bank account. No limits.
💤
Inactivity fee
$0
No inactivity fee — ever. Unlike eToro which charges $10/month.
🏛️
Account fee
$0
No monthly or annual account fees on the standard plan.

Complete Stake fee schedule

Every fee Stake charges, explained clearly. No hidden costs.

FeeAmountNotes
ASX share trades$3.00 flatPer buy or sell. Applies to all ASX-listed stocks and ETFs
US share trades$0Zero commission on all NYSE and NASDAQ listed stocks
FX conversion (AUD → USD)0.50%Applied when converting AUD to USD for US share purchases
FX conversion (USD → AUD)0.50%Applied when selling US shares and converting back to AUD
Withdrawal (AUD)$0Free bank transfers to Australian bank accounts
Deposit fee$0No fee for PayID or bank transfer deposits
Inactivity fee$0No inactivity fee regardless of how long since last trade
Account maintenance fee$0No monthly or annual account fee on standard plan
Dividend reinvestment$0Free on US shares via DRIP (where available)
Corporate actions$0No fee for processing splits, mergers, rights issues
Transfer out (CHESS)$55 per holdingFee to transfer ASX holdings to another CHESS broker
Stake Black (optional)$9/month or $90/yearPremium plan — see plan comparison below
SMSF account$0 setup, $180/yrAnnual fee for self-managed super fund accounts

Calculate your Stake fees

Enter your trade details to see the exact cost — including FX conversion for US shares.

Stake fee calculator

Stake vs Stake Black — which plan?

Stake offers a free standard plan and an optional premium plan called Stake Black. Here's when it's worth upgrading.

Stake Standard
Free
No monthly fee
  • $3 ASX brokerage per trade
  • $0 US share commission
  • 0.5% FX conversion
  • CHESS-sponsored ASX holdings
  • Basic order types (market, limit)
  • No stop-loss orders
  • Standard customer support
  • No interest on cash

Stake Black — fee comparison The 0.1% FX saving on Black vs Standard means you'd need to convert $9,000 AUD per month just to break even on the $9 monthly fee. Most investors trading less than $9k/month in US shares are better off on the free standard plan.

Stake SMSF fees

Stake offers dedicated SMSF (self-managed super fund) accounts. The fee structure is:

FeeAmountNotes
SMSF account setup$0No setup fee
Annual SMSF fee$180/yearFlat annual fee regardless of balance
ASX trades (SMSF)$3 flatSame as standard account
US trades (SMSF)$0Same as standard account

At $180/year ($15/month), Stake SMSF is competitive versus other SMSF brokers. CommSec charges similar annual fees but significantly higher brokerage per trade.

Stake vs competitors on fees

BrokerASX trade ($5k)US trade ($5k)FX feeInactivity
Stake$3.00$00.50%$0
Superhero$2.00$00.70%$0
eToro~$25 (spread)$00.50%$10/mo
Pearler$6.50$6.500.50%$0
CommSec$19.950.31% ($15.50)~0.60%$0

Frequently asked questions

What are Stake's brokerage fees for ASX shares?
Stake charges a flat $3 fee per trade for ASX shares, regardless of trade size. This applies to both buying and selling. There are no percentage-based fees or minimum investment requirements for ASX trades.
Does Stake charge fees for US shares?
Stake charges $0 commission on US share trades. However, there is a 0.5% currency conversion fee (0.4% on Stake Black) when you convert AUD to USD to buy US shares, and again when you sell and convert back. This is the main cost of trading US shares on Stake.
What are Stake's FX fees?
Stake charges 0.5% on currency conversions on the standard plan. This applies when you convert AUD to USD to buy US shares, and when you convert USD back to AUD after selling. On a $10,000 US share purchase, that's $50 in FX fees — applied twice if you sell and bring the money back.
Does Stake charge withdrawal fees?
No. Stake does not charge fees for withdrawing AUD to your linked Australian bank account. There is no minimum withdrawal amount and no limit on the number of withdrawals.
Does Stake have an inactivity fee?
No. Unlike eToro which charges $10/month after 12 months of inactivity, Stake has no inactivity fee. You can hold shares on Stake indefinitely without being charged.
Is Stake CHESS sponsored?
Yes. Stake's ASX share trading is CHESS-sponsored, meaning your Australian shares are registered directly in your name on the ASX CHESS register under your own HIN (Holder Identification Number). This gives you direct legal ownership of your shares.
What does Stake Black cost and is it worth it?
Stake Black costs $9/month or $90/year. It reduces the FX conversion fee from 0.5% to 0.4% and adds features like stop-loss orders, extended hours US trading, and priority support. To break even on the $9 monthly cost from FX savings alone, you'd need to convert $9,000 AUD to USD per month. Most casual investors are better off on the free standard plan.
How do Stake's new fees compare to the old fee structure?
Stake introduced ASX brokerage fees of $3 per trade in 2023, having previously offered free ASX trading. US share trading remains commission-free. The $3 ASX fee is still significantly cheaper than CommSec ($10–$19.95) and competitive with Pearler ($6.50).

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$3 ASX trades · $0 US shares · CHESS sponsored · No inactivity fees

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General Advice Warning: The information on this website is general in nature and does not take into account your personal financial situation, needs or objectives. It is not financial advice and should not be relied upon as such. BrokerVsBroker does not hold an Australian Financial Services Licence (AFSL). Before acting on any information on this site, you should consider whether it is appropriate for your circumstances and seek independent financial advice if necessary. Always read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making any investment decision. Past performance is not indicative of future performance. Investing involves risk, including the possible loss of capital. Fee information is sourced from broker websites and is subject to change — always verify current fees directly with the provider. BrokerVsBroker may receive affiliate commissions from brokers featured on this site. This does not influence our fee data or comparisons. © 2026 BrokerVsBroker. All rights reserved.